Global Finance has ranked Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong A+, the highest grade in its 2025 Central Banker Report Cards.
VOV.VN - Prime Minister Pham Minh Chinh has underlined the need to control gold prices, regulate exchange rates, and manage cash flow, emphasizing prompt and effective responses to ensure macroeconomic stability and sustainable growth.
S&P Global Ratings has raised the long-term credit ratings of three major banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.
VOV.VN - Domestic gold prices in Vietnam soared to a record high on the morning of September 5, defying a drop in global gold rates.
The State Bank of Vietnam (SBV) urged commercial and foreign banks to stabilise deposit rates and slash lending rates at a conference in Hanoi on August 4, in line with Government directives to drive economic recovery amid the robust 7.52% GDP growth in the first half of 2025.
Deputy Prime Minister Ho Duc Phoc on August 1 emphasised the importance of effectively managing monetary policy, maintaining macroeconomic stability, curbing inflation, stabilising the exchange rate, and promoting economic growth.
The reciprocal tariff rate announced by the US for Vietnam and other countries on August 1 will be a major factor affecting the USD/VND exchange rate in the short term, but the rate will likely cool down by the end of this year, experts forecast.
Vietnam’s credit conditions will remain stable in the second half of 2025, supported by proactive fiscal measures and ongoing institutional reforms, according to analysts of the Vietnam Investors Service (VIS) Rating, an affiliate of Moody’s.
Despite the average inflation rate for 2025 being forecasted at around 3.4%, it is crucial to closely monitor inflationary pressures stemming from exchange rates and credit growth to draw up effective inflation control policies, said Nguyen Duc Do, deputy director of the Institute of Economics and Finance.
VOV.VN - Total credit to the national economy rose by nearly 10 % in the first half of 2025 to over VND17.2 quadrillion, marking the fastest growth rate since 2023.